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Tag Archives: Julius Businge

Stanbic’s profit after tax up 7.4%

By Julius Businge Stanbic Bank Uganda Limited, Uganda’s largest commercial bank has recorded sh130bn profit after tax for the year ended December 2012 up from sh121bn a year earlier, the Bank’s financial results released on March 18 reads. The Bank’s expenditure however, increased from sh267bn for the year ended December …

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Kalangala Island project to start in March

By Julius Businge Kalangala Infrastructure Services (KIS) is set to commence construction of the four project components say; road rehabilitation, electricity generation and construction of transmission lines, construction of the second ferry and water supply construction on Bugala Island in Kalangala district. KIS’s Managing Director John Opiro, says the $50m …

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Development partners urge government to fight corruption

By Julius Businge Development Partners have urged the Ugandan government to improve its governance and anti-corruption efforts to spur economic growth and development. “Development Partners under the Joint Budget Support Framework broadly support the priorities set out by Government, which include infrastructure development, industrialization, enhanced agricultural productivity, human resource development …

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